5355 Kietzke Lane Suite 200,

Reno, NV 89511

Get home faster with a Mann Mortgage conventional loan.

Mann Mortgage Conventional loans give you dozens and dozens of options to customize YOUR loan to fit YOU.

What are conventional home loans?

A conventional loan is a mortgage originated and serviced by a private lender (like a bank, credit union, or mortgage company) and used in the purchase of real estate. This loan type is available in a variety of loan term options and is advantageous for those coming in with a strong down payment and good credit history. By far the most popular type of home loan in Montana, conventional home loans are loans that are not insured or guaranteed by any government program like the VA, USDA, or FHA.

Not sure where to get started? That's okay too, we're happy to meet you where you're at and direct you to the right place or person.

Conventional loans at a glance.

  • Borrow up to 97% of a home’s value
  • Better interest rates for high credit scores
  • Private Mortgage Insurance (PMI) options available for down payments of less than 20%
  • Loans for construction and renovation available
  • Managed in-house

Applying for a home has

never been easier

Our quick and secure process takes less than 10 minutes to apply.

Learn more about

conventional loans

Conventional loans can be deemed as either conforming and nonconforming. In a nutshell, conforming loans meet, or “conform” to, guidelines and loan size limits set by the Federal Government, while nonconforming loans do not.

Conforming loan limits are set each year by the Federal Housing Finance Agency (FHFA), which oversees Fannie Mae and Freddie Mac, the two main financial corporations that purchase mortgages from lenders. Conforming loan limits have a set baseline amount, however they may be higher depending on the county you live in and whether it has been designated as a “higher-cost” area.

An example of a nonconforming loan is a jumbo loan. Jumbo loans (also called jumbo mortgages) are loans written for an amount that exceeds the conforming loan limits.

Under the fixed-rate option, your interest rate and monthly payment will remain the same, even if the market rates increase. This makes it the most popular loan as it offers the security of knowing exactly what your mortgage payment is for the entire length of your loan, which protects you from rising interest rates, no matter how high interest rates go.  Get your customized rate quote from Mann Mortgage .

Adjustable-rate mortgage (ARM) options [typically have lower initial interest rates than fixed-rate mortgages. The interest rate and monthly principal & interest (P&I) payments remain the same for an initial period of time (such as 5, 7, or 10 years), then adjusts to reflect market conditions up to a yearly and max rate cap limit – meaning your rate can rise (or fall) over time. This option may provide flexibility if you plan to move, pay off your loan or refinance before the initial rate adjusts.

"Our loan officer was attentive and always readily available to answer our questions.They were prompt and knowledgeable and made our entire loan process seamless. We trust them to have our best interests and would highly recommend their services."

Joyce T.

Let's get you home.

Borrow up to 97% of a home’s value with as little as 5% down. Our local loan experts will help guide you.

If you have a loan officer you are working with, please select them from the list below.